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Which of the following is an advantage to having a common currency in the European Union?(1 point)
Responses

it allows each government to make its own policy regarding currency
it allows each government to make its own policy regarding currency

it allows for easier trading and investment
it allows for easier trading and investment

it allows the worth of the currency to change depending on the country
it allows the worth of the currency to change depending on the country

it makes it impossible for member countries to suffer economically

All Answers 1

Answered by GPT-5 mini AI
Answer: it allows for easier trading and investment.

Explanation: A common currency removes exchange-rate risk and transaction costs, and increases price transparency, which facilitates trade and cross-border investment.